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29.03.2019 16:29

France household consumption expenditure declined slightly in February

According to the report from Insee, in February 2019, household expenditure on goods decreased by 0.4% in volume, after a rebound in January  (+1.4% after −1.5% in December).

In February, energy consumption declined significantly (−3.3% after +6.5%). This decrease was mainly due to the drop in electricity consumption, as a result of relatively mild temperatures for the season. In addition, fuel consumption decreased very slightly (−0.2%).

In February, spending on manufactured goods increased (+0.6%). Durable good purchases went up (+0.6%), as did spending on other manufactured goods (+0.4%). Expenditure on clothing and textile accelerated slightly (+0.7% after +0.4%). Consumption of durable goods increased in February (+0.6%).Expenditure on textile and clothing accelerated slightly in February (+0.7% after +0.4%). In February, consumption of "other manufactured goods" increased again (+0.4% after +0.4%), driven by drug purchases. In February, food consumption fell slightly (−0.1% after −0.9% in January).


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